HI State Updates - 2015 Jan 28 No.02

On July 6, 2015, Gov. Ige signed HB 261 into law. The new law requires insurers to post the plan’s drug formulary on a public website. The information must also be available through a toll-free number. Any change in coverage, such as an addition of a new drug or removal of an existing drug, must be posted within 72 hours of the change effective date. The law is effective for policies issued or renewed on or after Jan. 1, 2017.

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